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Thai tycoons competing for Casino's SE Asia units

TCC, Central Group weighing first-round bids for assets: sources

Published Fri, Jan 22, 2016 · 09:50 PM
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Bangkok

SOME of Thailand's richest families are preparing to compete for the South-east Asian operations of French supermarket operator Casino Guichard-Perrachon SA, according to people with knowledge of the matter.

Billionaire Charoen Sirivadhanabhakdi's TCC Holding Co and the Chirathivat family's Central Group are weighing first-round bids for the Big C Supercenter chains in Thailand and Vietnam, which are due on Feb 5, the people said.

The companies have been speaking with banks about advisory roles and financing options, according to the …

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